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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-10-24
Resistance and Support Level Explanation
Resistance 1.3015 H1
Support 1.2980 H1

GBPUSD, H1: GBPUSD was traded lower following prior retrace from the downward trendline. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below 1.2980.

 

Resistance level: 1.3015, 1.3050

Support level: 1.2980, 1.2955